Friday, November 10, 2017

Nordstrom's Sales Slump Show It Can’t Sidestep Retail Gloom

Image result for nordstromNordstrom Inc. posted a worse-than-expected sales decline ahead of the holiday season, disappointing investors who’d hoped the upscale department-store chain was bucking the mall malaise.

Comparable sales turned negative, showing the previous quarter’s gain may have been fleeting rather than part of a sustained turnaround. . . . more

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